Signaturefd LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 6.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 108,902 shares of the companys stock after acquiring an additional 6,979 shares during the period. Signaturefd LLCs holdings in Mitsubishi UFJ Financial Group were []
ICICI Prudential Asset Management Co Ltd purchased a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,818,530 shares of the company’s stock, valued at approximately $17,137,000. Mitsubishi UFJ Financial Group makes up 2.9% of […]
Ritholtz Wealth Management boosted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,145 shares of the companys stock after acquiring an additional 3,392 shares during the quarter. Ritholtz Wealth Managements holdings []
Japan is about to take a significant step toward developing a digital currency. Per Reuters , a consortium made up of approximately 70 Japanese firms said this week they plan to launch a yen-based cryptocurrency in 2022. Whats notable about the project, tentatively called DCJPY, is that three of the countrys largest banks will back it. At a news conference on Wednesday, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group said theyve been meeting since last year to build a shared settlement infrastructure for digital payments. Some of the other members of the consortium include the East Japan Railway Company and Kansai Electric Power Company. They plan to start testing the currency in the coming months. The experiment is separate from the work the Bank of Japan is doing to create a digital yen . CBDCs are something China and the US are exploring as well. For Japan, theres an additional incentive to the push. Its a country that famously loves cash.
Southeast Asia-based online financing platform Funding Societies announced earlier this week that it teamed up with MUFG Bank Malaysia, which operates as a subsidiary of Mitsubishi UFJ Financial Group, in order to introduce a Referral Scheme Program exclusively for the banking institutions corporate customers in Read More

U.S. Bancorp (USB) Agrees to Acquire Fintech Firm TravelBank

03:52pm, Wednesday, 17'th Nov 2021 Zacks Investment Research
U.S. Bancorp (USB), the parent company of U.S. Bank, agrees to acquire TravelBank, a fintech company, which offers technology-driven cost and travel management solutions.

Franklin (BEN) Faces Lawsuit for Destroying Blockchain Startup

03:25pm, Tuesday, 16'th Nov 2021 Zacks Investment Research
Franklin (BEN) faces a lawsuit filed by a group of investors for ruining a startup named Onsa to get its technology and enter the fintech market.

Company News for Nov 16, 2021

02:37pm, Tuesday, 16'th Nov 2021 Zacks Investment Research
Companies in The News Are: TSN,ACM,MUFG,HHR

Mitsubishi UFJ (MUFG) H1 Earnings Rise, Profit Outlook Raised

12:22pm, Tuesday, 16'th Nov 2021 Zacks Investment Research
Lower credit costs, a rise in net interest income, and solid balance sheet position support Mitsubishi UFJ's (MUFG) H1 results. Driven by strong performance, management raises fiscal 2021 profit view.
Lower credit costs, a rise in net interest income, and solid balance sheet position support Mitsubishi UFJ's (MUFG) H1 results. Driven by strong performance, management raises fiscal 2021 profit view.
The Zacks Analyst Blog Highlights: McDonald's, United Parcel Service, Philip Morris, Cigna, Mitsubishi UFJ Financial and Emerson Electric
TOKYO--(BUSINESS WIRE)--MUFG Bank, Ltd.: Company name: Mitsubishi UFJ Financial Group, Inc. Stock exchange listings: Tokyo, Nagoya, New York Code number: 8306 URL https://www.mufg.jp/english/ Representative: Hironori Kamezawa, President & Group CEO For inquiry: Masahisa Takahashi, Managing Director, Head of Financial Accounting and Reporting, Financial Accounting Office, Financial Planning Division TEL (03) 5218-8890 Quarterly securities report issuing date: November 29, 2021 Dividend pay
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